Enlarge any chart by clicking on it.

Unless otherwise specified, ALWAYS use the 15min chart to enter my recommended plays because
CONFIRMATION is a MUST.
In other words, you need to see a 15min candlestick that CLOSES beyond
the entry point, then enter when it moves 10cents after the high/low of that candlestick.

Tuesday, December 30, 2014

SPX

I'm not sure but it appears the bulls got the gift/excuse they were looking for in order to rise from their slumber and take action. It seems they don't like making a move unless the bears compels them. Hopefully we start seeing some meaningful price action again. It was as if the market was stuck.

SPX-DAILY III


SPX-DAILY II


SPX-DAILY I


SPX-30MIN III


SPX-30MIN II


SPX-30MIN I


SPY-15MIN